Coach Merle A Hutson Scholarship Fund Inc
- Assets
- $568.3k
- Revenue
- $11.8k
- Investments
- $441.6k
- Employees
- 0
- Location
- Crestline, OH
- Founding
- Data as of
- 12/2016
- EIN
- 34-1598745
Organization Overview
Coach Merle A Hutson Scholarship Fund Inc is located in Crestline, OH.
For the year ending 12/2016, Coach Merle A Hutson Scholarship Fund Inc generated $11.8k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $9.5k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARD TWO YEAR SCHOLARSHIPS TO CRESTLINE HIGH SCHOOL SENIORS. ALL SENIOR STUDENTS WITH AT LEAST A 3.0 AVERAGE CAN APPLY. THESE APPLICANTS ARE THEN INTERVIEWED BY A BOARD CONSISTING OF NINE PEOPLE WHO RATE EACH INDIVIDUAL BY COMMUNITY SERVICE, SCHOLASTIC AND SPORT ACTIVITIES. THESE SCHOLARSHIPS ARE TO BE USED FOR TUITION, ROOM, BOARD, BOOKS AND MEAL TICKETS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Dipietro President | 0 | $0 | |
Barbara Ruhe Secretary | 0 | $0 | |
Elizabeth Anatra Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,005 |
| Dividends & Interest | $9,153 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,646 |
| Capital Gain Net Income | $1,021 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,804 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $343 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $718 |
| Contributions, gifts, grants paid | $8,750 |
| Total expenses and disbursements | $9,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $126,714 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $441,601 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $568,315 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Coach Merle A Hutson Scholarship Fund Inc has awarded $8,750 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
NATE COFFMAN PURPOSE: SCHOLARSHIP | $1,250 |
BLAKE MILLER PURPOSE: SCHOLARSHIP | $1,250 |
CLAUDIA KOAN PURPOSE: SCHOLARSHIP | $1,250 |
ELLEN DAILEY PURPOSE: SCHOLARSHIP | $1,250 |
SOSREN MURPHY PURPOSE: SCHOLARSHIP | $1,250 |
JESSICA PALM PURPOSE: SCHOLARSHIP | $1,250 |